You'll appreciate the speed at which you develop by going outside your comfort zone.

Depends on quality and location.

Are their listings detailed with good quality photos?

I used that company to rebuild a deck for me at my other rental and was happy with the quality for the price.

In my opinion complete quality renovation work but try to get it done asap.

Additionally, I negotiated that the seller do a new exterior paint job ($20k), $6,500 in landscaping, and $5,700 in deck work to transform the exterior to attract new quality tenants.

A $50K house is not going to be in a nice area or attract quality tenants.

Inspector could also not access attic space to verify quality of sheathing and venting.

We spent a little more then usual because we wanted the finished product to be hi quality and we spent on nicer finishes, design and staging.

I do not plan to do any cash out, just refinance the cost of purchase + rehab, so that I can repeat and speed up the building of our portfolio through the use of the HELOC.Thanks in advance!